Former Oregon football player Cameron Colvin arrested by FBI for fraud, money laundering

Former Oregon receiver Cameron Colvin, who played for the Ducks between 2004-07, was arrested by the FBI on Thursday morning. He’s being charged with federal wire fraud and money laundering, according to a grand jury indictment viewed by Sportico’s Daniel Libit.
According to the nine-page federal indictment filed Oct. 21 and reviewed by Sportico, the 39-year-old Colvin is accused of defrauding individuals of more than $1.25 million through purported investment opportunities and personal relations, including women he was allegedly romantically involved with.
“Colvin cultivated an image as a successful business mogul,” the indictment read, according to Sportico. “He presented to clients that he had completed billions of dollars in real estate transactions when in fact he held no assets in his name and owned no real property.”
After going undrafted in the 2008 NFL Draft, Colvin signed with the San Francisco 49ers but didn’t make the regular season roster. Colvin also saw time with the UFL’s Las Vegas Locomotives in 2011. Following his playing days, Colvin launched his own company, CamCo Commercial Inc., a Nevada-based real estate and venture capital firm that recently boasted making $4 billion, according to Sportico.
Neither the FBI or Colvin’s listed attorney responded to Sportico seeking comment Thursday.
Cameron Colvin repeatedly sued by multiple former employees, business parters
In the past decade, Colvin has reportedly been repeatedly sued by multiple ex-employees and former business and romantic partners that have been unable to collect winning judgements against Colvin.
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Prior to Thursday’s arrest, Colvin was seen as an inspirational story after losing both his parents before he turned 16 — his father reportedly died from drugs — and rose to fame as one of California’s top prep prospects in 2003 out of famed De La Salle High. As a senior at De La Salle, Colvin was part of the Spartans’ record shattering 151-game win streak, which was highlighted in the 2014 feature film When the Game Stands Tall as the longest recorded win streak in American football history.
Legendary former De La Salle High head coach Bob Ladouceur told Sportico that he’d become “suspicious of his former player” following an impromptu visit to the team’s locker room during a game in Las Vegas.
“He was all dressed up in real slick clothes like he had stepped out of GQ,” Ladouceur told Sportico. “So, I started quizzing him, ‘Where have you been and what have you been up to?’ And he was pretty evasive, not giving a lot of information. He did mention he was buying up businesses. I asked him what kind of businesses, and he was kind of hesitant to reveal anything.”
Colvin appeared in 16 total games across his final two seasons (2006-7) with Oregon, recording 38 receptions for 369 yards and two toucdowns, according to his online team profile.